GSD Goldshield Grp

RNS Number:3798P
Goldshield Group plc
05 March 2008





Goldshield Group plc

                          SETTLEMENT AGREEMENT REACHED


The Department of Health and Social Services and Public Safety for Northern
Ireland and Goldshield Group plc, Goldshield Pharmaceuticals Ltd and Forley
Generics Limited ("Goldshield") are pleased to jointly announce settlement of
the civil claims brought against Goldshield for alleged anti-competitive cartel
conduct in connection with the supply to the NHS of generic drugs in Northern
Ireland. Under the terms of the settlement Goldshield have agreed, on a full and
final basis and without admission of liability, to pay the sum of �250,000 and
to provide co-operation in connection with the continuing civil claims regarding
the alleged price fixing arrangements.



                                     -Ends-


Date: 5th March 2008
For further information please contact:

Goldshield Group plc
Rakesh Patel, Chief Executive
Tel: 020-8588-9100
Web: www.goldshieldplc.com

Panmure Gordon
Edward Farmer
Tel: 020-7614-8384

City Profile
Jonathan Gillen
William Attwell
Tel: 020-7448-3244


   


                      This information is provided by RNS
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